Hydrostor

COMPANY

Hydrostor, a Canadian-based technology provider and project developer of long-duration energy storage systems globally.

PRODUCT

The inherent intermittent nature of most renewable energy systems hinders the complete transition to clean energy, as back-up energy sources are required from sources that are constant but polluting like fossil gas. By delivering emissions-free, long-duration energy storage to power grids around the world, using compressed air to store energy in deep underground caverns, Hydrostor is spurring on decarbonization of the energy grid.

Main Impact Area: Climate Change Mitigation

Asset Class: Private Equity